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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Mar 03, 2023
Page
8
Baker Hughes releases its weekly count of active oil and gas rigs in the United States as an indicator of future demand. Rigs have been falling since the year began amid sliding crude oil and natural gas prices as energy shares lag the broader S&P 500.
EU statistics office to release Euro area producer prices for January. Slowing price growth since 2022 points to continued softening, with energy declines driving the trend. Lower energy costs have helped reduce pressures ahead of consumer inflation.
New York's Grand Central Terminal hosts shoe shine stands, one of the last places to get a quality shine. David Mesquita, a stand operator, reflects on how people treat themselves with small luxuries and the role these stalls play in the busy transit hub.
Stocks closed higher on Wall Street after a morning dip as a Federal Reserve official comments sparked hopes of a softer inflation path. The S&P 500 rose 0.8 percent while the Dow and Nasdaq also gained. A cloud software provider for life sciences posted strong results with a close around 173.5 billion and a 27.43 share value.
Jenkins was arrested after a robbery at a Lawrence store where a cashier was robbed of cash. A bystander testified Jenkins fled with a gun, was later captured on East Glenn Drive, and faces aggravated robbery charges. He remains jailed on a 150000 bond with probation history and prior violent offender registration.
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